Northwest Arkansas Times from Fayetteville, Arkansas on August 14, 1972 · Page 4
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Northwest Arkansas Times from Fayetteville, Arkansas · Page 4

Fayetteville, Arkansas
Issue Date:
Monday, August 14, 1972
Page 4
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THE WEATHER Elsewhere »y THE AKSOCIATED PRESS II I till Low 1'r Weather Forecast ,1'cry warm temperatures are expected In most of the slates ilirough tonight. The North- cast and coastal areas of the Pacific Northwest, however, will be cooler. Showers arc expected In the Rocky Mountains, parls of the Plains and in the Norllieasl. Arkansas will prohahly remain wanm and clear. (AP Wlrcphoto) Dialysis Group Installs New Officers Sunday BILOXl, Miss. (AP) -- Dr Pat Flannagan of Little Rock Ark., was installed Sunday a: president of the Southeastern Dialysis Association. . Flannagan succeeded Dr John Bower, who said federal funding of dialysis programs was necessary In noting an increase in kidney transplants at University Medical Center in Jackson. Bower, noting a total of 50 community owned dialysis machines presently are in the state, said . the facility planned to more than double Its present 12 transplants yearly to be tween 25 and 50. "We have got lo get the grass roots public education program under way immediately," he said, "so that legislation can be enacted to meet these demands, You can't expect volunteer donations alone to help the situation in Mississippi," said the Jackson facility official. Dr. Arthur Williams of Charleston, S. C., was installed as president-elect with Marie Pugh of New Orleans, Dr. Charles Hayes of Jacksonville, Fla., and Dr. Allen Hull of Dallas, Tex., named to the group's council. Albany, ruin Albu'qtiB,- cldy AmiirUlo, cldy Anchorage, rain AshevillB, fog Atlanta, clear Birmingham, clear Bismarck, cldy Boise, cldy Boston, cldy Buffalo, cldy Charleston, clear Charlotte, fog Chicago, cldy Cincinnati, clear Cleveland, clear Denver, clear DCS Molnes, clear Detroit, cldy Dululh, cldy Fort Worth, cldy Green Bay, fog Helena, rain Honolulu, cldy Houston, cldy Ind'apolis, clear Jacks'ville, fog Kansas City, clear Little Rock, clear Los Angeles, cldy Louisville, clear Marquette, fog Memphis, clear Miami, cldy Milwaukee, clear Mpls-St.P. cldy New Orleans, cldy New York, clear Okla. City, cldy Omaha, clear Philad'phia, clear Phoenix, clear Pittsburgh, fog Pt'land, Ore. cldy Pt'land, Me. cldy Rapid City, clear Richmond, fog St. Louis, clear Salt Lake, clear San Diego, cldy San Fran, cidy Seattle, clear Spokane, cldy Tampa, cldy Washington, clear .04 66 66 94 Gfl 80 68 New Insurance Policy Based On Economy Now Being Sold NorthweU Arkansas TIMES, Won., Aug. 14, 1972 rAYKTTKVILLK, ARKANSAS Summer Heat Belts U.S.; By JOHN CONNIPK liimhu'SK Anulyxl NEW YORK (AP) - Do you remember when your lite insurance agent warned you, like a parent advising a child, not to invest in securities but to put your funds In lite insurance instead? 64 68 74 66 76 62 59 62 71 84 62 81 55 93 77 85 66 78 56 89 73 92 86 ·88 94 93 80 88 02 88 86 83 83 91 88 91 94 83 96 83 78 83 98 87 92 88 76 64 73 79 90 'There's no risk of life Insurance," he'd say, "but you could lose everything you put Into stocks. We're selling security Insurance pays you a fixed tlol lar, guaranteed no matter wha Ihe condition of the economy." Well a couple of weeks ago Aetna Life Casualty, one o the largest, boasted of selling a policy that promises not a flxct return hut one b a s e d ' o n the condition of t h e economy, as reflected by stock prices. You don't need a long memory to remember when every- mcnt is probably too strong, ul certainly there is much evidence that major Institutions are adjusting to that possibility. Large corporations , conduct '.hair affairs on that iuBsump- tlon. So do many pension and profit-sharing' plans. Realistically they can do* little else, because the history of money has been one of value erosion. .09 76 1.00 66 69 74 69 69 65 54 69 79 71 72 72 70 70 70 65 79 58 56 50 64 67 73 61 68 54 54 53 70 thing gage Iher, about your home mort- payments was because that's fixed el- the way .34 86 65 1.72 Sculptor Dies MADISON, Conn. (AP) -Wheeler Williams, 74, internationally known sculptor, died Saturday. He was a member of the National Academy, past president of the Fine Arts Federation of N.Y.; and the National Sculpture Society and founder and president of the Americ a n ' A r t i s t s Professional League. He won a gold medal at the Paris Exposition of 1937. most of them still are. You pay the samp amount each month for a stated number of years. CHANGING Well, that also is changing. A plan Is now being considered by regulatory officails that would permit savings and loan associations to vary the monthly payments or the length of the loan, based on changes in the economy. , These are just two of a growing number of instances that show America's changing view of the dollar. Once we tcied to convince oursclf that a dollar Is a dollar is a dollar. Now we know it can be a half-dollar too. Purchasers of life Insurance, for example, found t h a t , as stated in the contract, they were paid $10,000 at age 65. But they found too that buying power was probably halt what it was when the policy was purchased. It worked the other way too. Lenders found they were locked into mortgages for 20 or 30 years at 5 per cent interest when they could easily have obtained 8 per cent for their money elsewhere. FLUCTUATION Under a proposal of the Fed- Missouri Man Charged After Shooting Spree CRESTWOOD, Mo. (AP )Duane Mobley, 18, of Crcstwood was charged on seven counts of assault with intent to kill after a shooting spree early Sunday which wounded two young drive-In employes and two policemen, authorities said. Police said Mbbley got into the back of a pickup truck on the Koenig auto dealership lot on U.S. 66 and started shooting By THE ASSOCIATEU PRESS Stifling midsummer heat belled most, of thq nation today/ ·. Thundershowers crackled In Hie southeast and in the mountains, ot the west. Sunday, night, a flash' flood from a .'desert cloudburst sent a wall of mud and runoff water-rolling across Interstate 15, the main artery between Los Angeles' and Las Vegas. , ' . ; . - . ] . North of Lewistown, Mont, torrents ot rain flooded fields and hailstones, pelted the area. The eastern half of the natlo was afflicted with high humid ulu '80 purlly cloudy, li- lanapolls 69 clear, Kansas CiUy 8 clear, Los Angeles 68 cloudy, .oulsvillc 70 clear, Miami .76 leur, Minneapolis-St. Paul''IS IBM, Nashville 74 clear, New York 72 clear, Philadelphia' ft9 og, Phoenix 88'. clear. Pill's- burgh 61 clear, St. Louis 77 clear, San Francisco 57 .partly loudy,-Seattle 60 clear, 1 Wash.- nglon 70 clear. , · ,.-' Ity and daytime were near 90. temperature The northeast and norlhwea were fair and.comfortable. Dawn temporaturex urounc the nation ranged from 16 a Houlton, Maine, to 89 at Blythe Calif. Some olher reports: Ancho age 54 rain, Atlanta 70 -clear, Boston 69 clear, Buffalo 70 cloudy, Chicago 76 clear, Cincinnati 66 clear, Cleveland 61 clear, Dallas 84 cloudy, Denver 70 clear, Detroit 62 clear, Hono- Train Derails WYNNE, Ark. v ." / ,-j- Twclve cars of a: Cotton Belt freight train derailed Satdrda'y at the Fair : Oaks community west of Wynne, blocking traffic on the U.S. 64--Arkansas |)9 crossing for several hours. '.'.;. No one was injured. Cause'of the ·derailment wa,s riot known) PERSIAN ANTIQUES; ' (all »uihHil!c) 807 2nd St. N.W. Bentonville, Ark. out lights and firing at the drive-in restuarant across the highway. He had two rifles. Steve Lindemann, 16, an em ploye of the drive-in, was hit in the shoulder and -another em ploye was hit by plaster which was sent flying by a bullet. Crestwood patrolman Warren Hogan and St. Louis County patrolman Craig Heusiis were slightly injured when bullets crashed through their patrol car whindshields as they arrived on the scene. After a heavy exchange of gunfire with police, Motiley surrendered. His bond was ssl at $10.000. 2 DIPS ICECREAM FOR THE PRICE of Monday--Tuesday--Wednesday 1 oral Home Loan Bank Board, which regulates savings and loan associations, a fluctuation in interest rates would now permit a fluctuation of monthly payments or an adjustment in the loan's length. Does all this indicate that America has given up hope of defeating inflation? That state- Contract Awarded A $1,594,819 contract has been 594,819 contract has been awarded by the Army to the Pace Co. in Memphis, the office of Rep. David Pryor, D-Ark., said Friday. Pryor.said 95 per cent of the work on the military goods contract would be performed at the firm's plant in Camden. The Ice Cream PARLOR Also Chuck's Cake Shop Now Located in the ice Cream Parlor NOW.... EXTRA STORE HOU RS For Your Shopping Convenience THE BOSTON STORE IN NORTHWEST ARKANSAS PLAZA WILL BE OPEN EVERY NIGHT 6 NIGHTS A WEEK UNTIL From Now through Christmas SO THAT WE MAY BE ABLE TO SERVE YOU BETTER... IN EVERY WAY . . . IN EVERY DEPARTMENT! Boston Store NORTHWEST ARKANSAS PLAZA .SHOP MONDAY THROUGH SATURDAY UNTIL 9 P.M.

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